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IDFC First Bank shares record worst crash since March 2020, end 16% lower
IDFC First Bank ended 16% lower on Monday—their worst fall since March 2020—after the lender uncovered a Rs 590-crore fraud at its Chandigarh branch involving Haryana government-linked accounts. The bank suspended four officials, initiated forensic audits,
Announcement as on 23 February 2026
?590 crore fraud at IDFC First Bank: How one branch defrauded govt accounts & rattled bank’s shares
IDFC First Bank is currently delving into a potential ?590 crore fraud case linked to its Chandigarh branch. The alarm was raised when various departments within the Haryana government detected irregularities in their financial statements. This revelation
Announcement as on 23 February 2026
One quarter's profit, gone! How IDFC First Bank fell victim to banking's oldest fraud in the age of cyberattacks
IDFC First Bank was rocked by a forged cheque fraud at its Chandigarh branch, triggering a sharp market selloff that wiped out over Rs 14,400 crore in shareholder wealth within hours. The issue surfaced on February 18 when Haryana government entities sough
Announcement as on 23 February 2026
Which mutual funds have the highest exposure in IDFC First Bank
Mutual funds held nearly 99 crore shares of IDFC First Bank before the Rs 590-crore Chandigarh branch fraud triggered a massive market selloff on Monday. Tata MF, HSBC MF, Motilal Oswal MF and others had the highest exposure. The episode raises concerns ov
Announcement as on 23 February 2026
RBI sees no systemic risk in Rs 590-crore fraud uncovered by IDFC First Bank
The Reserve Bank of India has stated there is no systemic risk following a fraud case at IDFC First Bank involving approximately Rs 590 crore in Haryana government accounts. The bank has suspended four officials and is pursuing legal action for recovery, w
Announcement as on 23 February 2026
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FRBA First Bank current price & indicator signals
Recent prices of FRBA First Bank are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 12 Fri Jun 2026 | 16.55 | 16.27 to 16.65 | 1.22% | 0.81 times |
| 11 Thu Jun 2026 | 16.35 | 16.11 to 16.61 | -0.49% | 1.23 times |
| 10 Wed Jun 2026 | 16.43 | 16.16 to 16.67 | 1.42% | 1.48 times |
| 09 Tue Jun 2026 | 16.20 | 15.85 to 16.32 | 1.89% | 0.89 times |
| 08 Mon Jun 2026 | 15.90 | 15.87 to 16.28 | -0.5% | 0.88 times |
| 05 Fri Jun 2026 | 15.98 | 15.62 to 16.10 | 2.3% | 0.8 times |
| 04 Thu Jun 2026 | 15.62 | 15.49 to 15.82 | 1.83% | 1.13 times |
| 03 Wed Jun 2026 | 15.34 | 15.26 to 15.68 | -2.91% | 1.02 times |
| 02 Tue Jun 2026 | 15.80 | 15.44 to 15.80 | 1.67% | 0.69 times |
| 01 Mon Jun 2026 | 15.54 | 15.29 to 15.60 | -0.64% | 0.95 times |
| 29 Fri May 2026 | 15.64 | 15.57 to 15.98 | -0.7% | 0.93 times |
| 28 Thu May 2026 | 15.75 | 15.32 to 15.81 | 0.51% | 0.65 times |
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